Showing 1 - 10 of 20
In spite of elaborate descriptive and correlational studies, the most ubiquitous phenomenon in economics, namely inflation, has remained unexplained in terms of its mathematical origins. Keynes had attempted to relate inflation to a mechanism of "sticky wages and prices". Hitherto, such theories...
Persistent link: https://www.econbiz.de/10005412616
In recent years, understanding the structure and function of complex networks has become the foundation for explaining many different real- world complex biological, technological and informal social phenomena. Techniques from statistical physics have been successfully applied to the analysis of...
Persistent link: https://www.econbiz.de/10005413261
The public economic literature of the past century is characterized by a traditional paradigm that ascribes little attention to the spatial dimension. However, contemporary globalization requires that researchers and economists expand their perspectives to consider space conceptualization. What...
Persistent link: https://www.econbiz.de/10005556929
We analyze the time series of overnight returns for the bund and btp futures exchanged at liffe (London). The overnight returns of both assets are mapped onto a one–dimensional symbolic–dynamics random walk: The “bond walk”. During the considered period (October 1991—January 1994) the...
Persistent link: https://www.econbiz.de/10005561683
knowledge for innovation output in Singapore, a small, highly open economy that has traditionally been significantly dependent … Singaporean firms depends disproportionately on technological knowledge produced by MNCs with operational presence in Singapore … on foreign multinational corporations (MNCs). We found that the local production of new knowledge by indigenous …
Persistent link: https://www.econbiz.de/10005124862
decomposition of aggregate productivity growth in Singapore over the period 1965-2002. The static shift-share analysis is utilized …
Persistent link: https://www.econbiz.de/10005062744
This study re-examines the validity of relationship between Singapore Dollar-US Dollar exchange rate and the relative … Smooth Transition Autoregressive (ESTAR)- type non-linear mean-reverting adjustment process of the nominal Singapore dollar … Singapore Dollar-US Dollar exchange rate and consumer price index ratio, this study shows that the relationship is in fact non …
Persistent link: https://www.econbiz.de/10005408165
This study re-examines the validity of relationship between Singapore Dollar-US Dollar exchange rate and the relative … Smooth Transition Autoregressive (ESTAR)- type non-linear mean-reverting adjustment process of the nominal Singapore dollar … Singapore Dollar-US Dollar exchange rate and consumer price index ratio, this study shows that the relationship is in fact non …
Persistent link: https://www.econbiz.de/10005119476
dominate the phenomenon of knowledge diffusion in the process that is called ‘interactive learning’. We examine how knowledge … distribution of knowledge diffusion. We will show how these factors can be classified as follow: (1) learning strategies adopted by … their relative initial levels of knowledge. We shall also attempt to single out the relative effect of each of the above …
Persistent link: https://www.econbiz.de/10005125585
Journals moderate knowledge activity in economics. The activity of publishing article in professional journal forms … significant part of knowledge output. Output of economics articles has been growing over the time. We examine an important … question: Is there any case of institutional or location concentration in knowledge production? This paper analyses …
Persistent link: https://www.econbiz.de/10005062679